Jurisdiction(s):
United Kingdom

Key definition

Rules definition

What does Rules mean? Rules describes the written provisions that govern how a pension scheme operates—especially occupational pension schemes—usually contained in, or annexed to, the trust deed (trust deed and rules). Legislation refers to these as scheme rules (for example, Pensions Act 1995 and Pensions Act 2004 in the UK, and the Pensions Act 1990 in Ireland). Scheme rules set out eligibility, benefit structure (defined benefit or defined contribution), contributions, service and accrual, retirement options and ages, revaluation/indexation, ill‑health and death benefits, transfers in and out, leaver provisions, forfeiture, augmentation, priority on winding‑up, discretions and decision‑making, and the scheme’s amendment and termination powers. They also...

Swiss Rules 2021: Arbitration Costs—Categories, Swiss Arbitration Centre and Tribunal Roles, Deposits, Parties’ Costs, Allocation and Security for Costs

Published by a LexisNexis Arbitration expert

Practice notes

The Swiss Rules of International Arbitration, updated on 1 June 2021 (the Swiss Rules), govern—unless the parties agree otherwise—any arbitration begun on or after 1 June 2021 on the basis of an Arbitration agreement where the clause refers to the Swiss Rules, or to the former rules of chambers or organisations that adopted the Swiss Rules or placed their proceedings under them. For commentary on the 2012 Swiss Rules, see: Swiss Rules arbitration—overview. A recurring element of institutional arbitration frameworks, including the Swiss Rules, is the institution’s involvement in setting and administering arbitration Costs. Under the Swiss Rules, though, arbitral tribunals enjoy broader powers on costs than under several other prominent institutional regimes, such as those of the International Chamber of Commerce (ICC) and the London Court of International Arbitration (LCIA). This Practice Note addresses costs and security for costs under the Swiss Rules. A citation to the Swiss Arbitration Centre’s (the SAC’s) Guidelines for Arbitrators may assist on cost-related issues.

Categories and determination of arbitration costs

Under the Swiss Rules, the final award or any decision that brings the proceedings to an end must include a determination to that effect, as required under the Swiss Rules in line therewith...

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Robin Moser

Loyens & Loeff

Robin Moser is a partner in our Zurich office. He focuses on domestic and international dispute resolution and has broad experience in representing clients in court, before federal and cantonal authorities and arbitral tribunals. His clients include banks, funds, multinationals and high-net-worth Individuals.Robin also has substantial experience in handling commercial disputes, asset recovery and enforcement matters, M&A disputes and criminal cases....

Chloé Terrapon

Loyens & Loeff

Chloé Terrapon is a partner in our Zurich office and a member of the Dispute Resolution expertise group. She specializes in the conduct of complex and multifaceted cross-border disputes relating to corporate governance, contract, commercial and insolvency law, as well as involving white-collar crimes and investigations. Chloé focuses in particular on arbitration, and she has been involved as counsel, arbitrator or tribunal secretary in numerous arbitration proceedings seated in Europe and Asia (ad hoc or institution-administered under the Swiss Rules, ICSID, ICC, SIAC and HKIAC) notably related to shareholders disputes, post M&A, international sales, construction projects, as well as investment treaty law....

Johanna Hädinger

Loyens & Loeff

Johanna Hädinger is an associate in the Zurich office. She focuses on dispute resolution and advises on international arbitration and enforcement matters. She specialises in international arbitration with experience in commercial, engineering and construction arbitration. She also represents clients in front of state courts and in enforcement matters, particularly concerning the enforcement of foreign court decisions and arbitral awards....

Web page updated on 22/05/2026

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